08/20/2023
Elevated Interest Rates and Limited Listings Suppress California Home Sales
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In June, California home sales remained below the 300,000 annualized pace for the ninth consecutive month, according to the California Association of Realtors. The statewide median home price exceeded $800,000 for the third straight month, but was down 2.4% on a year-over-year basis. Buyer demand ap...